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प्रश्न
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
थोडक्यात उत्तर
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उत्तर
- Income inequality is very harmful to the society as a whole. The state can reduce income inequality through the system of progressive taxation, nationalisation of private industries and also by providing free education and medical facilities to the poor.
- By setting up public sector enterprises, the government can generate lots of new jobs for the unemployed.
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Role of State in Economic Development
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संबंधित प्रश्न
______ is an example of commercial revenues.
Under ______ the rate of tax increases with rise in tax payer's income.
Instrument of monetary policy is:
Name any two instruments of Fiscal Policy.
Classify the following type of tax into direct and indirect taxes:
Income tax
Briefly explain why direct taxes foster civic consciousness among people.
Give an example of Indirect tax.
Give two reasons why the government imposes tax?
Explain clearly tour ways by which the state can promote economic growth and development.
Give two examples of direct taxes.
